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Apr 18, 2013
04/13
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and this is happening in an environment where more new devices from apple will come out, more new devices from samsung will come out. still very tough for nokia. >> it does sound like it's very tough. so why do you say in your note, mark, it's been moving in the right direction. what is the right direction for them and is the right direction for the stock going to be up? >> i think the right direction for them is to accelerate the product development. i think one of the things that have worked for them in the past is their feature phone, their low-end devices that helped cushion the things as they deve that's actually started to erode for them. in terms of the stock, this is a company that is still in a negative revision period for their earnings. once again, we cut our target on nokia, once again, we're cutting our numbers on the estimates. but i think the view is, overall, the industry, if you look at the handset industry, the profits pool, we think, is actually starting to decrease. >> mark, that's not optimistic, but are we looking at nokia wrong? the smartphones, what we see as consu
and this is happening in an environment where more new devices from apple will come out, more new devices from samsung will come out. still very tough for nokia. >> it does sound like it's very tough. so why do you say in your note, mark, it's been moving in the right direction. what is the right direction for them and is the right direction for the stock going to be up? >> i think the right direction for them is to accelerate the product development. i think one of the things that...
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Apr 24, 2013
04/13
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when you are in that slow environment, revenues will be slow. this is why i pull my hair at people and say the revenue is at 2%. in a slow environment, i don't see change in the growth pat fern, you will have slow revenues. look, it's happening again this quarter. you are up 7% actual. that is a surprise. i know some misses and so forth, but whenever i see people, it's almost like sour grapes. give the company some credit for working some magic on the revenues they have. don't penalize them for the fact the world economy and the u.s. economy is not good go take away the qe. take away the fact there are no other good alternatives. >> i'll take away the qe. it's not a coincidence profits have gone up almost the same amount precisely as stocks. qe is there. extra low interest rates are there. qes in my humble opinion hasn't worked t. money supply hasn't created the growth. >> it's worked for the market. it hasn't worked for the economy, it's worked for the market. >> one reason the interest rate is low because the economy is lousy. i want to give t
when you are in that slow environment, revenues will be slow. this is why i pull my hair at people and say the revenue is at 2%. in a slow environment, i don't see change in the growth pat fern, you will have slow revenues. look, it's happening again this quarter. you are up 7% actual. that is a surprise. i know some misses and so forth, but whenever i see people, it's almost like sour grapes. give the company some credit for working some magic on the revenues they have. don't penalize them for...
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Apr 18, 2013
04/13
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we're seeing a difficult environment. now, people are a lot more positive about the u.s., so they're overweighting the u.s. the s. is still ary, very strong mark so many overweight that. and we're seeing a lot of regions like europe where investors are pretty much hands-off. so it depends, really, when you ask about how investors behave, where they come from, what region they're located in, and what region they invest in. european investors are, i would say, largely sitting on the sidelines. >> i'm going to come back to you in a moment. but let me ask you first about what's going on in the united states. a big debate about when the federal reserve is going to start winding down the stimulus. is there a downside risk to all of this free money, whether you look at what the fed has been doing with qe or what japan has been doing in terms of the stimulus there, the ecb as well. >> well, yes, it's very clear that central banks have been playing a very dominant role in the economy over the last couple of years. when i was at th
we're seeing a difficult environment. now, people are a lot more positive about the u.s., so they're overweighting the u.s. the s. is still ary, very strong mark so many overweight that. and we're seeing a lot of regions like europe where investors are pretty much hands-off. so it depends, really, when you ask about how investors behave, where they come from, what region they're located in, and what region they invest in. european investors are, i would say, largely sitting on the sidelines....
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Apr 16, 2013
04/13
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>> gold i think is a little bit more tricky in this kind of environment. because the shake out that we've seen will sort of dent sentiment on a multi month basis going forward. so i think we sort of tend to prefer things such as bunds where we see 10-year bund yields coming down to below 1 is% in the next six months. treasuries where we sort of see this combined with the continued fed qe purchases producing a move down to 11 is.3% yield. so i think those are the kind of clearer plays that exit in this type of environment. >>> and just talk about spanish bond markets. six-month t bill, it's 0.82 on march 12th. i'm looking for the 12-month yield. 1.274, 1.4%, so t-bill is still coming lower, michael. >> that very much reflects current market conditions and the liquidity phase that we've been in in global markets. this can probably carry for another week or two, but then i think increasingly as we sort of get into the spring and see the economic data continue to remain completely stuck in recession for europe, questions are going to start to be raised and i t
>> gold i think is a little bit more tricky in this kind of environment. because the shake out that we've seen will sort of dent sentiment on a multi month basis going forward. so i think we sort of tend to prefer things such as bunds where we see 10-year bund yields coming down to below 1 is% in the next six months. treasuries where we sort of see this combined with the continued fed qe purchases producing a move down to 11 is.3% yield. so i think those are the kind of clearer plays that...
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Apr 17, 2013
04/13
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stocks are great for the long-term, but in this environment, where sentiment, we've got unusually bearish quickly. we've got more weakness in store. >> so you would wait. this isn't necessarily an entry point for you, yet? >> no, if i had cash on the sidelines, pretty much at the close of today, the average stock in the s&p 500 was off about 7% from its 52-week high. the average technology stock, 11% from its 52-week high, if we get another 3% to 5% down in stocks, then i think that cash on the sidelines should be absolutely put to work, because the next two or three years still bodes quite well for the stock market relative to most other asset classes. >> i may have to break in momentarily when those american express earnings come out. but first, jerry webben, let me ask you, the fear has been this week with news out of china, some of the economic data that we've gotten here, that maybe the global growth rate is slowing down. do you sense that at all? >> i think, yes, both in the u.s. and in china, we've seen some slowness in the emerging markets and europe remains extremely weak, but yo
stocks are great for the long-term, but in this environment, where sentiment, we've got unusually bearish quickly. we've got more weakness in store. >> so you would wait. this isn't necessarily an entry point for you, yet? >> no, if i had cash on the sidelines, pretty much at the close of today, the average stock in the s&p 500 was off about 7% from its 52-week high. the average technology stock, 11% from its 52-week high, if we get another 3% to 5% down in stocks, then i think...
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Apr 18, 2013
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it looks like the chief of production goals from unconventional shell plays, i think the environment going forward has never looked brighter for u.s. infrastructure. >> i think et was yesterday someone said nat gas is the new safe haven, suddenly this is start to go look a little more price afforded. any view on that? >> i think that dmodty prices, a broader view, i think that peak energy, we believe in just the opposite at yorkville. we think energy prices will probably be the growth driver of the global economy. it has a lot of implications. it's very good for the u.s. and our consumers. it's very good for china. >> you say peak energy in terms of we're going to see declines -- >> i think we're going to see stability. the new energy supplies coming online are more expensive to extract from the ground, so you're not going to get back to $20 a barrel oil in our lifetime. but this $80 to $11 is 00, peaking at $120 dropping to $60 is probably a new range in the u.s. i see natural gas, it's at 350 right now, roughly, $4 to $6 range, $16 in japan, mid teen prices in germany. that's givin
it looks like the chief of production goals from unconventional shell plays, i think the environment going forward has never looked brighter for u.s. infrastructure. >> i think et was yesterday someone said nat gas is the new safe haven, suddenly this is start to go look a little more price afforded. any view on that? >> i think that dmodty prices, a broader view, i think that peak energy, we believe in just the opposite at yorkville. we think energy prices will probably be the...
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Apr 24, 2013
04/13
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grace, economic environment, more challenging than we had planned. and ethan allen whose conference call is going on as we speak now. lots of excuses, easter, passover, sandy. but this nugget i found intriguing, lower shipments to our retailer in china. this has always been a pride -- >> international sales. >> they're made in the u.s. and sell to china. on the call just now, the ceo said, you know, these chinese companies, the chinese recently had accumulated inventory, that was planned and unplanned, very interesting choice of words. in anticipation of higher sales and opening more stores. that hasn't happened so far. is that saying something about china or saying something about the business model of ethan allen as it pertains to china. >> yeah. third quarter we should note is the season slowest for ethan allen. weren't expecting too much by way of strength. but you've got to -- fair disclosure here, spend a lot of money at ethan allen. >> they loss -- didn't make it this quarter. >> spending money on ethan allen personally through purchases. >> t
grace, economic environment, more challenging than we had planned. and ethan allen whose conference call is going on as we speak now. lots of excuses, easter, passover, sandy. but this nugget i found intriguing, lower shipments to our retailer in china. this has always been a pride -- >> international sales. >> they're made in the u.s. and sell to china. on the call just now, the ceo said, you know, these chinese companies, the chinese recently had accumulated inventory, that was...
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Apr 16, 2013
04/13
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>> well, they don't look for the trading environment, you know, it's better. it's certainly improved quarter over quarter. however, it remains fairly tepid. we're still cautious on trading volume, although yet when we saw some increased volatility in the market, our trading volume was north of 500,000, so a bit of volatility here in the market, with increased bullishness in the markets would be the best thing for our trading environment. we're likely to trade toward the low end this year. >> fred, i appreciate your cautiousness, right? probably good to be a little conservative. there's one number that stands out that says you may be more optimistic than you're letting on. you're advertising spend went up by $24 million year over year. you wouldn't be paying to advertise if you didn't think you could get more customers. >> well, that's absolutely true. first off, it is a bit of seasonality in that number, so this quarter and the next quarter are two biggest advertising spending quarters historically, and will continue to be this year, but we delivered very stro
>> well, they don't look for the trading environment, you know, it's better. it's certainly improved quarter over quarter. however, it remains fairly tepid. we're still cautious on trading volume, although yet when we saw some increased volatility in the market, our trading volume was north of 500,000, so a bit of volatility here in the market, with increased bullishness in the markets would be the best thing for our trading environment. we're likely to trade toward the low end this year....
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Apr 16, 2013
04/13
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in order to do that you need an environment good for business. and i think they have all lost sight of that. it's not about taxes, redistribution. >> are you looking for a quick fix? >> there's no quick fix to this. there's a very difficult fix to this and things if both sides will have to do that are uncomfortable in the short run. lying about it isn't going to make it better. by saying social security, medicare, medicaid aren't in trouble, is not going to make it better. >> working so well. >> despicable. >> bob, thank you for coming in today. >> thank you. >> j.j., rick, see you soon. thank you. >> always a pleasure. >> our guest host will be with us the rest of the show. >> very excited this morning. >> tell us what you really think. coming up, more on goldman sack's earnings report. beating the streets expectations by 40%. up next, reaction from financial sector analysts. the one and only dick bove. ♪ ♪ the new blackberry z10 with time shift and blackberry balance. built to keep you moving. see it in action at blackberry.com/z10 ♪ [ la
in order to do that you need an environment good for business. and i think they have all lost sight of that. it's not about taxes, redistribution. >> are you looking for a quick fix? >> there's no quick fix to this. there's a very difficult fix to this and things if both sides will have to do that are uncomfortable in the short run. lying about it isn't going to make it better. by saying social security, medicare, medicaid aren't in trouble, is not going to make it better. >>...
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Apr 24, 2013
04/13
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. >> yeah, so what do you want to do then, in this environment? knowing that the federal reserve is going to continue providing stimulus, that's not changing, so, okay, the economy might not be great, but the fed's there and that's certainly been fueling things since october or so. >> maria, i think we're going to see some growth in our economy because of all the expectation we have that we're going to get stimulus, finally, over in europe. and that's -- austerity has finally come home to roost with the germans. now they look over and go, wow, the americans are party, we're not, i think you're going to find, that's going -- if anything will drive us this summer, it's going to be the europeans. if that money comes over as we plan on the margins with the last 20% of our profit is coming from europe, i think that's going to help our stocks, if anything does, over the summer. >> europe -- are you saying buy europe? >> i would disagree with that. >> yeah -- >> i just don't see how europe -- >> i like europe. i like europe for the same reason i liked th
. >> yeah, so what do you want to do then, in this environment? knowing that the federal reserve is going to continue providing stimulus, that's not changing, so, okay, the economy might not be great, but the fed's there and that's certainly been fueling things since october or so. >> maria, i think we're going to see some growth in our economy because of all the expectation we have that we're going to get stimulus, finally, over in europe. and that's -- austerity has finally come...
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Apr 17, 2013
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very difficult environment, i would imagine, for an investor to make money in. >> well, i mean, it's a much-needed decline, a much-needed respite from every day being up. consensus got very, very ebulent and very, very bullish. i really haven't seen anything particularly negative to think that this is going to be a sustained turn in the market. but clearly, we needed to knock some of the froth off the cake. >> you know what, steve, we've got to jump in right here, because scott cohn's microphone, back on now. scott cohn, what is the fbi now saying about the new developments? >> reporter: the fbi has quite forcefully knocked down the story of an arrest, multiple arrests, an arrest imminent. the fbi says despite widespread reports, there have been no arrests in connection the boston marathon attacks. and there is also a bit of an admonition to the media here. they say that there have been widespread reports over the past few days, quoting unofficial sources, and they ask the media during this sensitive time to make certain that what they're reporting has been vetted. now, i will tell y
very difficult environment, i would imagine, for an investor to make money in. >> well, i mean, it's a much-needed decline, a much-needed respite from every day being up. consensus got very, very ebulent and very, very bullish. i really haven't seen anything particularly negative to think that this is going to be a sustained turn in the market. but clearly, we needed to knock some of the froth off the cake. >> you know what, steve, we've got to jump in right here, because scott...
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Apr 18, 2013
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with the -- we have the best capital markets, i think we need to make sure it fosters an environment where we can have small, medium and large banks, where we can have community banks that thrive, regional banks that tlooip thrive and large global banks. incidentally, andrew, if you look at the largest 50 banks, only about a half dozen are u.s. banks and incidentally, of the top 20 or 25 banks, our largest is number ten. so in terms of the size of our banks vis-a-vis our overall economy, much smaller than our international fears. >> but what about the idea that it's not just the banks. it's the financial companies, the insurance companies -- >> in addition to banks, we do have insurance companies in the financial services forum. >> there have been a lot of questions raised about all the regulations that were dropped on the banks when some of these other companies, like aig, for example, they were a huge problem and they're not going to be regulated in quite the same way. there's talk about cracking down on the insurer, as well. >> in the case of the nonbank, the group that was create
with the -- we have the best capital markets, i think we need to make sure it fosters an environment where we can have small, medium and large banks, where we can have community banks that thrive, regional banks that tlooip thrive and large global banks. incidentally, andrew, if you look at the largest 50 banks, only about a half dozen are u.s. banks and incidentally, of the top 20 or 25 banks, our largest is number ten. so in terms of the size of our banks vis-a-vis our overall economy, much...
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Apr 22, 2013
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he could have been held for 30 days an interrogated in the same environment where he is now. obviously, there would be no enhanced interrogation techniques. there would be an effort by skilled investigators to bond with him over a period of time, at the end of that period, he could have formally been arrested, charged, what what happened today could have happened 30 days from now. this is what the obama administration wants. they don't care about the intelligence. they made it very clear they want people to have lawyers, to have trials and if we lose intelligence in the process, they say that's regrettable but that's just the way it is. that is unacceptable to me. it should be unacceptable to anybody who cares about preventing future terrorist attacks. >> mitch epnor it has my back up. who cares about my back. all i'm saying it sounds like this is the criminal justice model not a terrorist bombing warfare model. that's something that if administration has been accused of. did they make a mistake here? >> well, i'm going to agree it is a criminal justice model and not a terror
he could have been held for 30 days an interrogated in the same environment where he is now. obviously, there would be no enhanced interrogation techniques. there would be an effort by skilled investigators to bond with him over a period of time, at the end of that period, he could have formally been arrested, charged, what what happened today could have happened 30 days from now. this is what the obama administration wants. they don't care about the intelligence. they made it very clear they...
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Apr 22, 2013
04/13
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we will shine the spotlight on issues related to the environment. go green campaign now in its sixth year. it educates consumers on how their own behavior affects the state of the planet. we have been watching futures this morning. they are sharply higher after watching what was the worst week for the markets in many, many months last week. dow up 60 points above fair value. our guest host is gary kaminsky. and morgan stanley wealth management. we will hear from both of them. we will get the numbers from caterpillar. looking for $1.40 a share on $13.7 billion. an hour from now we will ask caterpillar ceo of about the heavy equipment maker's quarter. it tells you an awful lot what they are sewing in the global economy. and boeing could get formal approval to return the grounded 787 jet to the air. the battery system is the issue that caused it to be taken out of service in the first place. gas prices are continuing to drive. the latest lumberg survey shows prices down 11 cents the last two weeks. and the average price of regular gasoline is now $3.54
we will shine the spotlight on issues related to the environment. go green campaign now in its sixth year. it educates consumers on how their own behavior affects the state of the planet. we have been watching futures this morning. they are sharply higher after watching what was the worst week for the markets in many, many months last week. dow up 60 points above fair value. our guest host is gary kaminsky. and morgan stanley wealth management. we will hear from both of them. we will get the...
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Apr 17, 2013
04/13
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i don't know if we can get back to what is a normalized environment. what does that even mean? i can't value it. i don't know how to value. >> i think it's interesting, the mainstream press. the front page of the washington post is the spring swoon and how we cannot seem to escape this economic decline and we've seen the past couple of springs and the front page of the journal is walmart and kohl's taking more time to pay their supplier, a trend they say is getting worse. those are not marginal positives, jim. i look at bank of america. i look at j.p. morgan and i say i'll pay 83.5 for 50,000 j & j. the trade is i don't want to mess with the stuff. proctor, look, he's making the quarter. he's going to make the quarter. >> raw costs coming down and coca-cola, by the way. raw costs are coming down, but they will come down. another one that is just where people are hiding. david, it's hide and don't seek. >> it is, but to carl's point, we've come out of the last few years and animal spirits start to feel strong. >> right. underlying economic growth is strong and everyone is revisi
i don't know if we can get back to what is a normalized environment. what does that even mean? i can't value it. i don't know how to value. >> i think it's interesting, the mainstream press. the front page of the washington post is the spring swoon and how we cannot seem to escape this economic decline and we've seen the past couple of springs and the front page of the journal is walmart and kohl's taking more time to pay their supplier, a trend they say is getting worse. those are not...
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Apr 23, 2013
04/13
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revenue rising 3.5% in what the airline called a strong demand environment. jetblue, united, southwest all up as well today. sue? >>> ty, this is the financial equivalent of the super bowl of quarterly reports. apple releasing numbers after the bell today, the stock, which has taken a beating recently now traiting above $400. not by much, but they'll take it. investors may be coming back, but what do consumers this i? that story next when pow per continues. [ female announcer ] it's time for the annual shareholders meeting. ♪ there'll be the usual presentations on research. and development. some new members of the team will be introduced. the chairman emeritus will distribute his usual wisdom. and you? well, you're the chief life officer. you just need the right professional to help you take charge. ♪ >>> all right. the market's kind of fallen apart. it's whipsawed all the way back up. so take a look at the right-hand side. we saw the dow jones industrial average go from a garch of 135 points to negative 12 in under a minute and a half. this is all sorts
revenue rising 3.5% in what the airline called a strong demand environment. jetblue, united, southwest all up as well today. sue? >>> ty, this is the financial equivalent of the super bowl of quarterly reports. apple releasing numbers after the bell today, the stock, which has taken a beating recently now traiting above $400. not by much, but they'll take it. investors may be coming back, but what do consumers this i? that story next when pow per continues. [ female announcer ] it's...
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Apr 23, 2013
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and that environment has a long tail to it, which should produce cash flow in the u.s. economy, 5% or better. >> so why isn't the public playing this market? why are they not in this market? >> the most recent memory in all of their heads, every single macro event risk they've all seen, whether it's the situation in europe or closer to home, the financial crisis, and that's going to last for quite a long period of time, especially since the household itself, the liability shelf, is still there and it's still in repair. >> and if anything that prolongs that rally, right? >> no question about it. that's the misguided notion out there, which is, you want to not all rush in there at once, but the reality is, no, that's where you get multiples go up to 18, 19 times and get the boom bust. the first move is cash to equities, not fixed income to equities. that second move is fixed income flows to equities, when the economy really gets above 3%. >> what are you going to buy here? >> well, we like almost everything in equities. our favorites would be the largest of the large cap
and that environment has a long tail to it, which should produce cash flow in the u.s. economy, 5% or better. >> so why isn't the public playing this market? why are they not in this market? >> the most recent memory in all of their heads, every single macro event risk they've all seen, whether it's the situation in europe or closer to home, the financial crisis, and that's going to last for quite a long period of time, especially since the household itself, the liability shelf, is...
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Apr 17, 2013
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a one-two punch over concerns between european credit and also some worries about the global growth environment. we think we may have a little bit of a pause here, but we're going to see continued growth through the year. it will be rewarded by take risk in the stock market. >> why? >> because with growth keeping up and inflation being under control, monetary policy is going to stay very easy, and we see that as being something that's going to lead to equity returns being positive. >> you have to admit, we've had a very good first quarter, 10% gains for most of the averages, 15% at the most extreme. aren't we due for a correction of some kind? >> well, we could absolutely have a pause here and a small correction wouldn't be off the realm, but without a big downturn in data or a big change in monetary policy expectations, i think it will be relative tame. >> what have you thought of the earnings so far this season? >> they've been modestly disappointing. we got some news today about corporate business jet appetite that was a little bit disappointing. but then look at the fed beige book report to
a one-two punch over concerns between european credit and also some worries about the global growth environment. we think we may have a little bit of a pause here, but we're going to see continued growth through the year. it will be rewarded by take risk in the stock market. >> why? >> because with growth keeping up and inflation being under control, monetary policy is going to stay very easy, and we see that as being something that's going to lead to equity returns being positive....
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Apr 23, 2013
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private equity is certainly doing well in this environment. i'm, i guess, a little surprised that we haven't seen more deals, given the fact that rates are at such low levels. shouldn't we be seeing a whole host of deal flow and deal activity? >> we should, and we may. i guess, the opposite side of a coin of a buoyant stock market is higher evaluations and less attractive targets in the public arena. as a stock holder, and i was glad to see blackstone back off from a bid on dell. but, you know, these companies are kind of out of the mainstream. if you're a stock holder, you're actually a unit holder. you get a k-1 form, as if you were a limited partner in almost a hedge fund. the accounting is eccentric, because, well, because gap doesn't quite do these companies justice. so you have to look at this so-called economic net income. and there's this seeming paradox of private equity companies being in the private market. and if private equities are so great, why are they public? there's a lot of bad will, i think, towards these companies, but the
private equity is certainly doing well in this environment. i'm, i guess, a little surprised that we haven't seen more deals, given the fact that rates are at such low levels. shouldn't we be seeing a whole host of deal flow and deal activity? >> we should, and we may. i guess, the opposite side of a coin of a buoyant stock market is higher evaluations and less attractive targets in the public arena. as a stock holder, and i was glad to see blackstone back off from a bid on dell. but, you...
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Apr 18, 2013
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your numbers show that with interest rates so low, it's really hard for you guys to make money in this environment. how do you feel about that? it's a double-edged sword, right? >> yeah, michelle, it is. so we actually make more money when rates are higher, so we'd like to see rates higher, particularly, a positive-sloping yield curve. you know, the fed has a strong view in consensus that rates need to stay low. i'm not generally in that camp. i think the early stages of qe were probably good. i think it's very debatable now whether it's doing any good or not. i personally think the economy trying to find its own natural structural, level of stabilization, and it's going to do that at its own pace, with or without qe. a lot of people disagree with that. but i think it's about confidence, not about how much qe we have. >> mr. king, appreciate your time, sir. thanks for joining us today. >> thank you very much. have a good day. >> great to have you on. >>> all right, stunning and frightening. just two terms to describe video that captures the situation that we saw in texas. >> yeah, we're going to g
your numbers show that with interest rates so low, it's really hard for you guys to make money in this environment. how do you feel about that? it's a double-edged sword, right? >> yeah, michelle, it is. so we actually make more money when rates are higher, so we'd like to see rates higher, particularly, a positive-sloping yield curve. you know, the fed has a strong view in consensus that rates need to stay low. i'm not generally in that camp. i think the early stages of qe were probably...
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Apr 17, 2013
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. >> demand environment played out as we expected and i think the company executed well. as i just heard john say, we saw nice growth in our data center business. it was up 7% year on year. and within the overall market for computing, we're seeing nice growth and there's obviously a transition going on there. i think we're well positioned for that as well. >> intel shares closed up less than 1% and moving around after hours. also up a little less than 1% in frankfurt this morning which is no small feat considering germany's market is down by better than 1% as we speak. yahoo! first quarter rose and beat forecasts but revenue was flat and shy of estimates as the company feels the impact of declining web traffic and display ad sales fell for the second straight quarter down 11%. yahoo! is also projecting second quarter revenues that fell short of analysts expectations. ceo marissa mayer says her plans to reverse the trend is still on track and will show results in the second half of the year. she cautions it will be years before yahoo! grows at the rate of rivals of google
. >> demand environment played out as we expected and i think the company executed well. as i just heard john say, we saw nice growth in our data center business. it was up 7% year on year. and within the overall market for computing, we're seeing nice growth and there's obviously a transition going on there. i think we're well positioned for that as well. >> intel shares closed up less than 1% and moving around after hours. also up a little less than 1% in frankfurt this morning...
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Apr 22, 2013
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so it's hard to see the global economy breaking out of the slow to modest growth environment. interest rates we think will stay pretty low. that overall is a reasonably attractive back drop for companies to deliver okay earnings growth. and so we can take earnings disappointments as long as it's minor. but as you say, it is a gdp and an earnings cliff, then we return to late '07/'08 type markets. we don't think it's going to happen, though. >> jonathan, it's ross here. what would you describe as okay earnings growth? >> well, i mean, okay in the context of the last six to nine months has been earnings estimates coming down week after week after week after week. the aggregate impact of that, though, is that european earnings growth expectations for 2012, remember those numbers are not finalized until we see the full years coming in the first part of this year. analyst expectations started last year around plus 10% and then our minus 3%. that's quite a big shift down when you put that into context of what we saw in 2008 where the earnings estimates went from plus 20 to minus 50%
so it's hard to see the global economy breaking out of the slow to modest growth environment. interest rates we think will stay pretty low. that overall is a reasonably attractive back drop for companies to deliver okay earnings growth. and so we can take earnings disappointments as long as it's minor. but as you say, it is a gdp and an earnings cliff, then we return to late '07/'08 type markets. we don't think it's going to happen, though. >> jonathan, it's ross here. what would you...
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Apr 22, 2013
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we're helping the environment. there have been studies where our emissions have gone down. hard partly because of the slowdown and partly because year starting to use natural gas. >> i think he would be a great acquisition to your team. >> i'm ready. >> carl, back to you. >> before you go, i know you've got some pictures to share with us. a lot of people may not realize just what kind of weather the midwest got over the past week. >> i'll tell you what, the first two pictures, folks, the santellis at 5:30 in the morning, my wife and i made it through the first two pictures. we call it dead man's curve. it's right down the street from my house. see the problem is, certain suburbs had five inches, other suburbs had eight inches between wednesday and thursday. many suburbs had over ten inches of rain. and the problem in my uncorporated area of having 35 miles west of the city, very rural, wasn't my house. we planned. you know, we had backups. i have sump pumps that can probably empty lake michigan in an hour, okay? the problem is it's the arteries to go places. couldn't go any
we're helping the environment. there have been studies where our emissions have gone down. hard partly because of the slowdown and partly because year starting to use natural gas. >> i think he would be a great acquisition to your team. >> i'm ready. >> carl, back to you. >> before you go, i know you've got some pictures to share with us. a lot of people may not realize just what kind of weather the midwest got over the past week. >> i'll tell you what, the first...
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Apr 24, 2013
04/13
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it's been a different environment. >> chief investment strategist at blackrock. i heard you got a table near a waiter the other day, is that true? >> they've moved me aly bit away from the men's room. that's an improvement. >> that's good. i think we're 1% off the highs again, russ. would you call last week, all these people that wrote in and said, kernan, see the correction. we got what was it? 2.5% correction. that doesn't count as a correction. it's another blip, still going up. >> it was a blip. again, that doesn't mean we're not going to see a more significant correction. >> i know. >> you're right. the reality is there's a lot of money coming into the markets. it's so far been very u.s.-focused. if you look at the rally, looks very different from the united states than it does from anywhere else. but at least in this country, there's still a lot of money coming off the sidelines and so far, none of the issues whether they've been economic or in europe have been enough to disrupt those flows. >> my only point was you take 2,000 points and if you've got peopl
it's been a different environment. >> chief investment strategist at blackrock. i heard you got a table near a waiter the other day, is that true? >> they've moved me aly bit away from the men's room. that's an improvement. >> that's good. i think we're 1% off the highs again, russ. would you call last week, all these people that wrote in and said, kernan, see the correction. we got what was it? 2.5% correction. that doesn't count as a correction. it's another blip, still...
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Apr 23, 2013
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company growing the total addressable market improving profitability and it improves the competitive environment even more. i think you have a great, virtuous cycle that's kicking in. >> that cuts to the fundamental question about netflix whether it's growing fast enough to pay for the international expansion and to pay for the content bills that it's rack up. >> if you look in detail at these figures who which you have to still, the loss overseas is $77 million and the negative free cash flow is 42 million, tony. >> there are a couple of things that have gone on in this quarter. one, we do see these improvements in the use of accounts payable which in the cash flow and the u.s. streaming business scale better which should provide more cash flow and the dvd business is not declining as fast and these guys are managing the business pretty well. if i can on the international, it's down, but not down as much assy we expected and the way to think about that is maybe these international markets are getting to profitability sooner than expected and it may not be as big of a drag as people thought goin
company growing the total addressable market improving profitability and it improves the competitive environment even more. i think you have a great, virtuous cycle that's kicking in. >> that cuts to the fundamental question about netflix whether it's growing fast enough to pay for the international expansion and to pay for the content bills that it's rack up. >> if you look in detail at these figures who which you have to still, the loss overseas is $77 million and the negative...
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Apr 16, 2013
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so volumes were flat, you know, in the environment that they're dealing with, it's not bad. it's a sequential improvement versus what they did in the fourth quarter. they drive a huge piece of their volume and they've got a lot of big businesses in traditional western and southern europe een marks where the economists are doing very poorly. i think they're working incredibly hard. flat isn't a bad result. germany continues to be the better performer out of these marks although great britain was also up which was somewhat encouraging and markets like spain and italy and to a lesser extent, france, they just got so many economic headwinds, flat is not that bad and it's the new up, as they say. ? your price target is $43 which is basically where we are at the moment and what is the best way of making the best dividend in your you know verse. they've had a phenomenal run and we're seeing everybody move in and each with the move today coke is still slightly underperforming the group and there's been this fun flow issue. what you have to look at is some of the staples names and th
so volumes were flat, you know, in the environment that they're dealing with, it's not bad. it's a sequential improvement versus what they did in the fourth quarter. they drive a huge piece of their volume and they've got a lot of big businesses in traditional western and southern europe een marks where the economists are doing very poorly. i think they're working incredibly hard. flat isn't a bad result. germany continues to be the better performer out of these marks although great britain was...
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Apr 19, 2013
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we hold the meaning of patriots day in history and the boston marathon to celebrate that in a family environment in a fun way. other people look at us differently. they look at patriotism as their enemy. they look at inon sense americans as targets. we are in a war here and we've got to deal with it accordingly. >> mayor, if you had to pinpoint some of issues, you bring up some of the difficulties in some of the ways that americans have to grapple with the idea of losing freedom, but also the idea of making sure that you feel secure in any of these areas. we talked to an analyst this morning who pointed out that the largest population of north secaucus former residents have to be in watertown, massachusetts, this is where this is all taking out and you live in a town that's a melting pot and has been for a long time. does that make it more difficult? >> boston area diversity has always been its strength, a large, young, student population, many from foreign countries have been our strength over the past years, over the past many years, but today we are vulnerable from international terrorist org
we hold the meaning of patriots day in history and the boston marathon to celebrate that in a family environment in a fun way. other people look at us differently. they look at patriotism as their enemy. they look at inon sense americans as targets. we are in a war here and we've got to deal with it accordingly. >> mayor, if you had to pinpoint some of issues, you bring up some of the difficulties in some of the ways that americans have to grapple with the idea of losing freedom, but also...
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Apr 16, 2013
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>> well, public events like this are absolutely the hardest thing to provide a very secure environment. you literally can't do it. if your standard is nobody can be at risk at a large public event, we're never going to have another u 2 concert. there are basic procedures for events like this. they're well established. we've learned from everything from the '96 olympic bombings to what you should do. are this they going to do a review? did we do the due diligence? they'll have to. it will be pretty clear whether that was done or not. and then we'll move on from there and we may learn some things to improve. we've got a pittsburgh marathon coming up, other things. you can't stop these public events. you can't make them perfectly secure, but you can do due diligence. the key point is the best way to stop these attacks is good intelligence, good police enforcement that goes out and finds the perpetrators before they do something. >> you can't protect every inch of a 26.2 mile race of course, that's for sure. james carafano, security expert in washington. thank you so much for being with us
>> well, public events like this are absolutely the hardest thing to provide a very secure environment. you literally can't do it. if your standard is nobody can be at risk at a large public event, we're never going to have another u 2 concert. there are basic procedures for events like this. they're well established. we've learned from everything from the '96 olympic bombings to what you should do. are this they going to do a review? did we do the due diligence? they'll have to. it will...
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Apr 16, 2013
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we're able to say whether these are small bits of metal that are therein tensionally or parts of the environment that were involved in the blast. >> reporter: that same trauma surgeon saying some of the patients have to come back again and again for repeat operations. also saying that he has never seen anything, john, like the volume, the quantity of people that were rushed into his er immediately following this attack. >> that's what we keep hearing, poppy. the numbers were just staggering. so how prepared were they really for this flood of victims? >> reporter: you can say fortunately they were prepared. fortunately for a situation as they wished would never happen because they told us they prepare for things like this, massachusetts general, saying that within minutes after they got their first patient and after the attack they instituted an incident command system within five to ten minutes. they had enough surgeons. they even told us they had people flying back in, coming within hours back to the hospital from trips to try to help and do everything that they could. but they were prepared an
we're able to say whether these are small bits of metal that are therein tensionally or parts of the environment that were involved in the blast. >> reporter: that same trauma surgeon saying some of the patients have to come back again and again for repeat operations. also saying that he has never seen anything, john, like the volume, the quantity of people that were rushed into his er immediately following this attack. >> that's what we keep hearing, poppy. the numbers were just...
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Apr 16, 2013
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you know it as a busy shopping, busy tourist, and busy business environment. so there are so many surveillance cameras. so by the city, some by private institutions, including the businesses. so there will be hundreds of angles they have to look through. those are just the cameras in place. obviously we know so many individuals have videos carrying their phones. so the investigation will take forever. and the crowd complicates. what they're looking for is nip right in that area and left just before the explosions, as opposed to the chaos that happens just after the explosions. >> and john, are they saying, and brian maybe you heard this, as well. have they said publicly if they know exactly where the devices were? you know, in a garbage can, a mailbox or -- do they know? >> i was told by one source earlier the suspicion, and i want to emphasize the suspicion. they will look through the debris. and the bomb experts can figure out if there's a mailbox been broken up or a garbage can, they can look for explosive materials inside it. i was told earlier they suspec
you know it as a busy shopping, busy tourist, and busy business environment. so there are so many surveillance cameras. so by the city, some by private institutions, including the businesses. so there will be hundreds of angles they have to look through. those are just the cameras in place. obviously we know so many individuals have videos carrying their phones. so the investigation will take forever. and the crowd complicates. what they're looking for is nip right in that area and left just...
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Apr 16, 2013
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comes to our ballparks always our top priority and we will continue to do everything to ensure a safe environment for our fans." this notion of sporting events, potentially being soft targets like the boston marathon, which has had us looking at other events coming up. obviously, we have the london marathon on sunday, officials there is a that they are paying close attention to their security preparations, we have also got some other races, i checked, john. san francisco marathon in june, billy broad street run in may, indiana 500 festival in may. lansing, michigan, in april, and there is a country music marathon in april. obviously, again, we're talking about no credible threats, but officials in boston said no credible threats before that one either, john. >> precautions are necessary, important, and understandable. the celtics game in boston, canceled. doesn't really matter. the playoffs just around the corner. that game will not be made up. shannon travis, our thanks to you. one other story about a sporting event which really caught my attention overnight. fans of the oakland a's in oakland,
comes to our ballparks always our top priority and we will continue to do everything to ensure a safe environment for our fans." this notion of sporting events, potentially being soft targets like the boston marathon, which has had us looking at other events coming up. obviously, we have the london marathon on sunday, officials there is a that they are paying close attention to their security preparations, we have also got some other races, i checked, john. san francisco marathon in june,...
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Apr 16, 2013
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the nature of the metal and the bb like pieces and the nails and questions whether this came from the environment, right? but it is not. >> i can tell you, as a person who has done trauma surgery, it can be difficult to tell sometimes when you're actually taking some of the shrapnel, wear exactly did it come from. but now they're saying without a doubt, we asked a few times, that there were nails, carpenter nails specifically and, quote, bb-like metal within some of these patients. and so they -- they know for sure it came from the explosive device. this is a doctor saying that based on their medical examination. this wasn't just debris that was lying around. >> what about also quickly in terms of the amputations, i was hearing one of the doctors saying last night, some of the patients were coming to them very injured, bleeding and saying, take whatever you need, i want to be alive. that has to be tough for a doctor, though. >> these are i think heart breaking decisions. it is a -- you can make the decision fairly quickly if that's going to be the best course of action. >> life or death. >> if yo
the nature of the metal and the bb like pieces and the nails and questions whether this came from the environment, right? but it is not. >> i can tell you, as a person who has done trauma surgery, it can be difficult to tell sometimes when you're actually taking some of the shrapnel, wear exactly did it come from. but now they're saying without a doubt, we asked a few times, that there were nails, carpenter nails specifically and, quote, bb-like metal within some of these patients. and so...
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Apr 17, 2013
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. >> it's not a secure environment, we can't put fences around it, can't put an officer every two feet, and we rely on all eyes out there. >> with so many groups out there, so many large events, regardless of the event, the security is knowing of the threat before the event occurs. that means intelligence and lots of cameras, electronic surveillance, and more law enforcement. >> i think the public, since 9/11, said we'll deal with that. >>> why finding out who carried out the boston bombing will help security officials everywhere. >> that was miguel marquez. we're learning more about this let goring to the white house. and now this letter, as we learned, is very, very similar to a ricin-laced letter set to a mississippi senator this week. we're awaiting this press conference with jay carney. >> yes, what i can tell you is that according to the street service on tuesday, a letter addressed to the president, that contained a suspicious substance, was intercepted at an off sight mail facility. if there is something suspicious or dangerous in it it can be screened by personnel. that it can
. >> it's not a secure environment, we can't put fences around it, can't put an officer every two feet, and we rely on all eyes out there. >> with so many groups out there, so many large events, regardless of the event, the security is knowing of the threat before the event occurs. that means intelligence and lots of cameras, electronic surveillance, and more law enforcement. >> i think the public, since 9/11, said we'll deal with that. >>> why finding out who carried...
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Apr 17, 2013
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it's a very chaotic environment is the impression i have. they want to do this in a deliberate way and build the best possible case. >> fran townsend cnn national security. thank you very much. what goes into making a pressure cooker bomb and how could that information provide clues on what is behind the attack? we'll take a closer look plus of course still waiting on the news conference on the latest into the investigation. stay with us. we'll bring you that live as soon as it starts. ng work of te. ♪ this is the 2013 lexus es and the first-ever es hybrid. this is the pursuit of perfection. ...and we inspected his brakes for free. -free is good. -free is very good. [ male announcer ] now get 50% off brake pads and shoes at meineke. >>> welcome back to "the lead." i'm jake tapper live in boston, moisture. they are looking for the virtual fingerprints of a terrorist. right now agents at the fbi lab in quantico, virginia are trying to rebuild the bombs that killed three and maintained so many innocents at the boston marathon. investigators h
it's a very chaotic environment is the impression i have. they want to do this in a deliberate way and build the best possible case. >> fran townsend cnn national security. thank you very much. what goes into making a pressure cooker bomb and how could that information provide clues on what is behind the attack? we'll take a closer look plus of course still waiting on the news conference on the latest into the investigation. stay with us. we'll bring you that live as soon as it starts. ng...
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Apr 18, 2013
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an environment that the europeans, by the way, are way ahead of us on. a lot more surveillance in europe than there is here. i suspect over the course of a month or two or three months americans will step back and say, hey, that might have aided that investigation but we're not sure we want to live in that kind of security culture. >> and we can't draw, phil, any hard conclusions about one of these bombs was in a pressure cooker. that's obviously available very easily. you can't draw any conclusions whether that's a signature of a domestic or a foreign terrorist. >> actually, i would draw conclusions. but more about what it's not than what it is. when you look at the people i faced for a couple decades, that is terrorists inspired by al qaeda, they after 9/11 went to bombs that were much more sophisticated. explosives were more sophisticated. they received training that was pretty advanced. they selected targets that were harder than this target. i would argue more iconic. that is transportation targets that are recognizable worldwide. in this case you'v
an environment that the europeans, by the way, are way ahead of us on. a lot more surveillance in europe than there is here. i suspect over the course of a month or two or three months americans will step back and say, hey, that might have aided that investigation but we're not sure we want to live in that kind of security culture. >> and we can't draw, phil, any hard conclusions about one of these bombs was in a pressure cooker. that's obviously available very easily. you can't draw any...
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Apr 21, 2013
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this is a complex environment, a complex city. i would say our commanders, our community officers are -- and i've been in the police department a long time. our relationships are better now than they have ever been. you'll always have some tension, some friction, it's the nature of police work. you're going to have some give and take. but we have strong working relationships. and we are proud of that. we work to have that. >> alienated young men, is the easy accessibility of guns and other instruments of destruction something that worries you? >> absolutely. we sent a team to mumbai and got granule information very quick ly. that's what we do. go to the scenes of the terrorist events, bring back information to help us better protect the city. if you look at the events in mumbai, they were done with very simple weapons and clearly we know in this country that the proliferation of weapons, we have 300 million guns abroad in our country. so it's a concern. if you look at the bombs that were used in boston, very simple to make. it was
this is a complex environment, a complex city. i would say our commanders, our community officers are -- and i've been in the police department a long time. our relationships are better now than they have ever been. you'll always have some tension, some friction, it's the nature of police work. you're going to have some give and take. but we have strong working relationships. and we are proud of that. we work to have that. >> alienated young men, is the easy accessibility of guns and...
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Apr 16, 2013
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the safety of everyone that ntue to dovethgo wils always ensure a safe environment for our fans." this notion ofpoing events, like the boston marathon, which hasad us loong at other viously, we have tonn marathon on sunday, officials there is a that they are paying close attention to their security preparations, we have also got some other races, i chke john. n ancisco marathon in ju, billy broadtreet run in may, indiana 500 festiva in may. lansing, michigan, in april, and raon inapl.cnt music obvisl ainwee talking about no credie threats, but officials in boston said no credible threats before tha o either, john. >>recautions are necesry important, and detandable the celticsamn boston, canceled. doesn't really matter. the playoffs just around the corner. that game will not be made up. shannon travis, our thanks to you. one other story about a sporting event which reallyauty attention overnight. fans of the oakland a's in oakland, tryg to rally fans to start instead of let's go a's chant, a let's go bostonchant. that just shows you how fans and right now.he city country are republ
the safety of everyone that ntue to dovethgo wils always ensure a safe environment for our fans." this notion ofpoing events, like the boston marathon, which hasad us loong at other viously, we have tonn marathon on sunday, officials there is a that they are paying close attention to their security preparations, we have also got some other races, i chke john. n ancisco marathon in ju, billy broadtreet run in may, indiana 500 festiva in may. lansing, michigan, in april, and raon inapl.cnt...
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Apr 22, 2013
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but simply because the threat environment changed doesn't mean that our constitution is so flexible that we can ignore its provisions. i do think that what we ought to call the administration to do is come forward with a new structure and to articulate how the rule of law will support protecting the country in this new threat environment. but there just wasn't the case for treating this brother as an enemy combatant and i think it was very premature for some of my senate colleagues to call for limb to be treated that way. >> interesting point. also interesting we need to really reconsider. thank you very much, congressman. we appreciate your time. "outfront" next, authorities stop another terrorist attack. this one on a train between new york city and canada. we have a i love live update on and talk to a man who was there when police finally captured suspect number two on that boat in friday. how police talked him out of the boat. here's a word you should keep in mind. unbiased. some brokerage firms are. but way too many aren't. why? because selling their funds makes them more money. whi
but simply because the threat environment changed doesn't mean that our constitution is so flexible that we can ignore its provisions. i do think that what we ought to call the administration to do is come forward with a new structure and to articulate how the rule of law will support protecting the country in this new threat environment. but there just wasn't the case for treating this brother as an enemy combatant and i think it was very premature for some of my senate colleagues to call for...
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Apr 19, 2013
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but they were something that was not part of our natural environment, and it's not -- it's not the best feeling in the world to feel like you're stuck indefinitely in your apartment, and you don't feel particularly safe. like our windows aren't bulletproof or anything. and to hear cop cars going speeding by every few minutes. it's jarring. >> and have you been -- obviously your husband was texted by his work not to come in to work so you were alerted as to what the situation was. but we've been told that police were robo calling or what's called a reverse 911 calling all residents of watertown. have you been told -- >> let's just tell you what's happening behind us right now. just to be clear, what's happening right now is that police cars are behind us right now, and businesses, filled -- filled with police are driving right behind us right now. presumably headed i don't know where, because the scope of this investigation is getting wider and wider by the minute. we just saw two buses filled with law enforcement personnel leaving us. they're headed west. that could easily be to the wat
but they were something that was not part of our natural environment, and it's not -- it's not the best feeling in the world to feel like you're stuck indefinitely in your apartment, and you don't feel particularly safe. like our windows aren't bulletproof or anything. and to hear cop cars going speeding by every few minutes. it's jarring. >> and have you been -- obviously your husband was texted by his work not to come in to work so you were alerted as to what the situation was. but...
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and be able to deal with it in such a really horrific environment. and people were able to do the things they had to do quickly, efficiently, it was really the most collaborative team effort that i have ever seen. i've been doing this now for over 20 years. i get involved in a number of other situations or events. really not to this extent. certainly not to the degree that we saw, with this one. but this is one that brought everybody to the table. and it was a remarkable effort from the people who dealt with the patients in the field to the ones who dealt with them in the hospital. it's difficult emotionally, when you're dealing with a very, very injured, young, young child. it raises more feelings, but i think the key is to be able to do what you do. and do it as quickly as you can. >> you've done an extraordinary job. you and your staff i want to thank you for your service, on behalf of everyone from around the world. i'm sure your actions saved a lot of lives. for that we're all incredibly grateful. thank you. >> thank you very much. >>> we'll be
and be able to deal with it in such a really horrific environment. and people were able to do the things they had to do quickly, efficiently, it was really the most collaborative team effort that i have ever seen. i've been doing this now for over 20 years. i get involved in a number of other situations or events. really not to this extent. certainly not to the degree that we saw, with this one. but this is one that brought everybody to the table. and it was a remarkable effort from the people...
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as this plays out, they now are convinced they have total visual environment, they are trying to evacuate any residents in the area from the neighborhood, and as was noted, now they went to move, the flash-bangs, be methodical. the one thing, they're not certain but they're operating under the assumption there are explosives in that yard. >> you know, i think one of the best examples for your viewers, i'm sure many of them saw "zero dark thirty." there was an initial assault phase, helicopters crashing in and all, then it seemed like minutes went by as people then started deliberately moving through and that's kind of a parallel to what you're going to see happen here tonight. but i think within a few hours of darkness, this could be favorably resolved. >> one of our producers is near the scene. lawrence, what are you seeing and hearing? >> well, i'm at washburn and chester streets, which is about a block from franklin street, where i'm told from a boston police source they have a suspect cornered in the backyard of a home. i'm also told that they're using flash-bangs to try to get him ou
as this plays out, they now are convinced they have total visual environment, they are trying to evacuate any residents in the area from the neighborhood, and as was noted, now they went to move, the flash-bangs, be methodical. the one thing, they're not certain but they're operating under the assumption there are explosives in that yard. >> you know, i think one of the best examples for your viewers, i'm sure many of them saw "zero dark thirty." there was an initial assault...
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Apr 24, 2013
04/13
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he was also on the national counterterrorism center's terrorist identity's data mart environment similar to the fbi list and updated several times a day with much more specific information. his departure was communicated to the joint terrorism task force in boston. so how is it that three government agencies knew about tsarnaev but he got such freedom to travel? intelligence and law enforcement officials tell cnn tsarnaev was included because in march of 2011 at the prompting of the russians an investigation was opened into possible ties with islamic extremists. but three months later, having interviewed him, his family, and looking at some of his online activities, the u.s. did not see a threat and cleared him. >> the fbi took action in response to that notification, investigated the elder brother, and investigated thoroughly and came to the conclusion there was no derogatory information, no indication of terrorist activity or associations either foreign or domestic at that time. >> reporter: that is the reason tsarnaev's name was not placed on any u.s. watch list that could have actual
he was also on the national counterterrorism center's terrorist identity's data mart environment similar to the fbi list and updated several times a day with much more specific information. his departure was communicated to the joint terrorism task force in boston. so how is it that three government agencies knew about tsarnaev but he got such freedom to travel? intelligence and law enforcement officials tell cnn tsarnaev was included because in march of 2011 at the prompting of the russians an...
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Apr 17, 2013
04/13
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you're trying to protect your device from the environment. that's generally where they've been used. colombia, thailand, maybe even in pakistan. so it is kind of odd that they would use that here in a domestic setting. but, again, they don't know -- they don't have any suspect at all. >> it's also important to point out that this is an investigation where all of the resources and intelligence community are being used and they will have a backlog of intelligence they have to go through, intercept, satellite intelligence, signal intelligence, which they can monitor all of this stuff in realtime. >> they can't. and from what they monitor on a daily basis, minute-by-minute basis, from known suspects around the world, they had zero indication from this event. now you go back based on what happened and what you do know, you check cell phone towers and those international conversations and run your traffic through suspicious groups around the world. just speaking to the boston law enforcement source, a federal source earlier today, and a sense of is
you're trying to protect your device from the environment. that's generally where they've been used. colombia, thailand, maybe even in pakistan. so it is kind of odd that they would use that here in a domestic setting. but, again, they don't know -- they don't have any suspect at all. >> it's also important to point out that this is an investigation where all of the resources and intelligence community are being used and they will have a backlog of intelligence they have to go through,...
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Apr 17, 2013
04/13
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. >> extremely challenging, not a secure environment. we can't put fences around, can't put an officer every two feet. we rely on every set of officers. >> so many radicalized groups, so many individuals out there, so many large events and soft targets, regardless of the event, the best security is knowing of the threat before the events occur. that means intelligence and lots of cameras, electronic surv surveillance and more law enforcement. >> for the most part, the public has said we'll accept that, it's the world we live in. >> reporter: identifying who carried out the bombing will help security officers everywhere, but no way will it change the threat to large public events. russian officials have also said in sochi for the winter olympics, they are watching what happens. and it's music festival season. it's the coachella vest festival and 4th of july events are very open events as well. all authorities looking at boston. hoping once they figure out what happened in boston it will help them go forward and make their venues more secu
. >> extremely challenging, not a secure environment. we can't put fences around, can't put an officer every two feet. we rely on every set of officers. >> so many radicalized groups, so many individuals out there, so many large events and soft targets, regardless of the event, the best security is knowing of the threat before the events occur. that means intelligence and lots of cameras, electronic surv surveillance and more law enforcement. >> for the most part, the public...
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Apr 19, 2013
04/13
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one, urban environments are used to the advantage of the suspect. less options they have to runaround, better it is and also for public safety. also, during the initial car chase, the brothers showed an ability to bring in a hostage and that is at issue also. and we'll take a look at a live picture. what do we have going on? tell me again, control room? what do you want me to go to? okay, elizabeth cohen reports that the fbi is coming out of the suspect's home right now. pretexturaly we have to figure out what that means? elizabeth, can you hear me? what's going on right now? >> i sure can hear you. a dozen fbi agents with rifles just came out of 410 norfolk street, the address of the man they are looking for. they had assault rifles. they did not have anyone with them. they have widened this crime scene area, it was a lot smaller literally five minutes ago. pushed back all the media, pushed back all the residents and really about a half an hour or so ago, evacuating residents, som some coming out with their pajamas. a dozen fbi agents came out of 4
one, urban environments are used to the advantage of the suspect. less options they have to runaround, better it is and also for public safety. also, during the initial car chase, the brothers showed an ability to bring in a hostage and that is at issue also. and we'll take a look at a live picture. what do we have going on? tell me again, control room? what do you want me to go to? okay, elizabeth cohen reports that the fbi is coming out of the suspect's home right now. pretexturaly we have to...
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247
Apr 18, 2013
04/13
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lyric can also give you exceptionally clear, natural sound in quiet and noisy environments because of how it works with your ear's own anatomy. can your hearing aid do all this? lyric can. to learn more about lyric's advanced technology, call 1-800-414-5999 or visit trylyric.com for a risk-free 30 day trial offer and free dvd and brochure. get the hearing aid that can. lyric from phonak. lyric can. ...and we inspected his brakes for free. -free is good. -free is very good. [ male announcer ] now get 50% off brake pads and shoes at meineke. >>> we have to show you some simply crazy video out of chicago, which is right now under a flash flood watch. there's this 40-foot-wide sinkhole and it's simply swallows two cars and it's not done yet. it swallows a third. a driver of one of those cars was injured. the sink hole was probably triggered by this heavy rain there. seven inches have fallen on chicago in the past 24 hours. these floods have caused -- closed several expressways in the area and some 400 flights in chicago already cancelled. i want to bring in meteorologist chad myers and ji
lyric can also give you exceptionally clear, natural sound in quiet and noisy environments because of how it works with your ear's own anatomy. can your hearing aid do all this? lyric can. to learn more about lyric's advanced technology, call 1-800-414-5999 or visit trylyric.com for a risk-free 30 day trial offer and free dvd and brochure. get the hearing aid that can. lyric from phonak. lyric can. ...and we inspected his brakes for free. -free is good. -free is very good. [ male announcer ]...